I'm going to sound like a real novice on this one....How do people make money by owning condominium buildings? Not the units, but the building itself?Do the people that own the units pay them a fee? How much is it usu...
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Hello everyone,I am finally ready to invest in a rental property and my goal is to get one property by the end of the year.
Anyways, I need to setup a California LLC (I have a business and assets I want to protect) a...
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Hey everyone - finally decided to join up after listening to a fair amount of podcasts on my travels. Looking to get involved in building a small residential portfolio to eventually combine in an aggregate sale for on...
I've got a decent amount saved up, and I'm accredited. In the market I've been looking, the CoC on turnkey (through agent, not company) is only about 6-7%. Cashflow with loan is maybe $150/door. Is it worth doing o...
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I just got a HELOC on my investment portfolio, so I can buy my next building with "cash".
I dumped all my operating funds in my HELOC to minimize the interest.
Now, I get a wrenching gut feeling that this HELOC can ...
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Hi everyone and I hope you all have a wonderful day,
First, a little bit about my background. Around December 2019, I partnered up with an experienced hotel operator in Colorado on a $3.5m hotel. That obviously didn'...
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Hello BP Team,I am currently working on establishing a partnership with a person who i know for a long time. Eventually, we want to acquire a SFR or Duplex for Buy'n'Hold with 20% down and total cost between $100k-$1...
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I've got a deal on my radar, but don't know if I can swing it without some sort of seller financing...and even then, I'm not sure I have the concept down 100%.
To make the numbers easier, I've rounded everyth...
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Hello Everyone, Just out of curiosity of how the rest of the industry is operating; Do most wholesalers actually tell the seller that most of the time they will not be the person who actually purchases the house? I wo...
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Hoping I can solicit some knowledge from the experienced community here once again. What I understand from my nascent research is that one should ideally form a legal entity (LLC etc) to buy any investments to protec...